$Tesla (TSLA.US)$ Tesla can be called a technology company or a car company, both are correct. It is undeniable that any technology Tesla is currently developing can lift Tesla up, but these technologies cannot bring any revenue to Tesla yet.
Tesla is currently just a car company. It is acknowledged that Tesla is still a leading electric car company, but its models are limited to some mid-to-high-end models. For the market, there is a greater demand for mid-to-low-end models, and the competition in the high-end market is also very fierce. It is not ruled out that Tesla's profits will continue to decline. Tesla's once high profits have slowly been eroded by other brands.
The growth of the electric vehicle market in North America is very slow. Firstly, the government subsidies are not available to Tesla. Some of Tesla's batteries and components are supplied by Chinese vendors. Secondly, the U.S. is sparsely populated, focusing more on range, and electricity is more expensive in the U.S., with more people preferring gasoline cars. The growth rate of electric vehicles is very low.
The growth of electric vehicles in China and Europe is faster. However, under the full-scale attack of Chinese branded cars complete industry chain, Tesla's market share will only decrease. Tesla's current production efficiency is basically saturated, increasing production and sales will also become new problems.
Bold prediction, tesla will first touch 164, then touch 152. For new car models, there will not be a significant increase before mass production.